Statistics Canada reports retail sales down 0.5% in September

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According to Statistics Canada, retail sales fell 0.5% to $61.1 billion in September, due to lower sales at gas stations and food and grocery stores. drinks. People refuel vehicles at a Shell gas station in Vancouver, Saturday, May 14, 2022. THE CANADIAN PRESS/Darryl Dyck


Statistics Canada reports retail sales down 0.5% in September

Decline in sales led by gas stations as well as food and beverage stores






According to Statistics Canada, retail sales fell 0.5% to $61.1 billion in September, due to lower sales at gas stations as well as food stores. and drinks.

However, the agency says its initial estimate for October pointed to a 1.5% gain for the month, although it warned the figure would be revised.

For September, Statistics Canada reports that sales at gasoline stations fell 2.4% due to lower prices, while sales at motor vehicle and parts dealers were relatively unchanged.

Sales at food and beverage stores fell 1.3% in September, with sales at supermarkets and grocery stores down 1.6% and convenience stores down 1.5%. Sales at building material and garden equipment and supplies dealers fell 2.0%.

Core retail sales – which exclude sales at gas stations and motor vehicle and parts dealerships – fell 0.4% in September.

Expressed in volume, retail sales fell 0.1% in September.

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